What do i supposed to do for this ?
1 answer:
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Answer:
Step-by-step explanation:
Since interest is compounded semi-annually (half a year or 6 months), in a spawn of 2 years, the interest will have been compounded 4 times. As given in the problem, each time the interest is compounded, the new balance will be 107% or 1.07 times the amount of the old balance.
Therefore, we can set up the following equation to find the new balance after 2 years:
We need to start from the innermost parenthesis and work our way out.
The first parenthesis is . These are not like terms because one involves a variable, while the other is a constant term. Two terms are summable if they involve the same power(s) of the same variable(s).
So, we can take one step outwards, and we arrive to the square brackets. We have
and 2z and -13z are like terms, so we can sum them:
Finally we arrive to the whole expression, which is
Because, again, 5z and 11z were like terms.